Law

Allocate investments wisely between 401(k) and taxable accounts

Article Abstract:

Because rates of return on investments are unpredictable, tax considerations ought to be important in deciding how to allocate investments between a 401K and taxable plans. It is most advantageous to put fixed income in a 401K with stocks in taxable plans.

Valuation of closely held stock is often far from certain

Article Abstract:

In the case of Estate of Dunn, the US Court of Appeals for the 5th Circuit ruled on methods of valuing the stock of closely held corporations for transfer tax purposes . The decisions and its implications are reviewed.